TAXATION LAWS AMENDMENT ACT 1993No. 17, 1993 - SECT 44 Limit on cost price for depreciation of motor vehicle

TAXATION LAWS AMENDMENT ACT 1993No. 17, 1993 - SECT 44

44. Section 57AF of the Principal Act is amended by adding at the end of the
definition of "excluded property" in subsection (15) the following word and
paragraph:

"or (d) a unit of property, being a motor vehicle that, immediately before it
was first used by the taxpayer for any purpose, was specially fitted out for
transporting disabled persons seated in wheelchairs (except if, at that time,
the motor vehicle met the description in subitem 96(1) or 97(1) of Schedule 1
to the Sales Tax (Exemptions and Classifications) Act 1992).".